Avoiding Madoff - How to Empower Yourself and Avoid Becoming a Victim
How did this economic crisis happen? Who is to blame? When will we recover? What should I do with my money? What should I do if I lose my job? Everyone has asked themselves at least one of these questions in the past year.
If not, then someone has asked them to you.
Most people have answered in different ways based on the information they have collected from recent broadcasts on television or a recent newspaper article.
These are all fine methods of immediate information but are they timeless? I implore you to use this recent trend of financial interest to read a personal financial book.
Read a few of them.
Take out five of them from the library and find one that catches your interest.
It is free! The important thing is to find one that clicks with you.
The reason being, books can be timeless.
The news thrives on creating a sense of urgency and fear amongst its viewers in order to maintain ratings or subscribers.
A book can relay ideas to you in a more complete manner.
In fact, the purpose of most personal financial books is to empower you.
So, if you are afraid of what the future may hold for you, take action.
Turn off the boob tube and go to the library.
Learn how risk and reward correlate.
Discover the true power of money is not to spend it but to invest it.
Be enlightened to the fact that corruption and unethical behavior does not profit in the long wrong.
Educate yourself and you will never rely on a salesperson to tell you what you should do with your money.
If not, just hope that salesperson you trust is not the next Madoff.
The following link contains a reading list of recommended books: http://www.
bogleheads.
org/readbooks.
htm
If not, then someone has asked them to you.
Most people have answered in different ways based on the information they have collected from recent broadcasts on television or a recent newspaper article.
These are all fine methods of immediate information but are they timeless? I implore you to use this recent trend of financial interest to read a personal financial book.
Read a few of them.
Take out five of them from the library and find one that catches your interest.
It is free! The important thing is to find one that clicks with you.
The reason being, books can be timeless.
The news thrives on creating a sense of urgency and fear amongst its viewers in order to maintain ratings or subscribers.
A book can relay ideas to you in a more complete manner.
In fact, the purpose of most personal financial books is to empower you.
So, if you are afraid of what the future may hold for you, take action.
Turn off the boob tube and go to the library.
Learn how risk and reward correlate.
Discover the true power of money is not to spend it but to invest it.
Be enlightened to the fact that corruption and unethical behavior does not profit in the long wrong.
Educate yourself and you will never rely on a salesperson to tell you what you should do with your money.
If not, just hope that salesperson you trust is not the next Madoff.
The following link contains a reading list of recommended books: http://www.
bogleheads.
org/readbooks.
htm
Source...